Beto O’Rourke sets up $100,000 fund from $1M SBF donation for FTX victims

1 year ago

U.S. person Beto O’Rourke who received a $1 cardinal donation from collapsed FTX’s laminitis Sam Bankman-Fried has reportedly acceptable speech a $100,000 money for victims of the FTX collapse.

Former FTX CEO Sam Bankman-Fried (SBF) had donated implicit $70 cardinal to galore U.S. politicians earlier his crypto empire collapsed connected Nov. 11, 2022.

Texas gubernatorial campaigner Beto O’Rourke was named among the politicians who received up to $1 cardinal successful donations from the disgraced FTX founder.

As transgression investigations against SBF intensified, galore of the politicians opted to instrumentality the donations.

O’Rourke’s run disclosed connected Nov. 29 that it had returned the “unsolicited $1 cardinal donation” to debar the ethical headache related to SBF’s donations.

However, the Washington Free Beacon reported connected Jan. 25 that O’Rourke is inactive holding connected to $100,000 from SBF’s donation.

As per the Free Beacon’s report, O’Rourke’s run records disclosed that a $900,000 refund was made to SBF backmost connected Nov. 4, 2022. However, the remaining $100,000 volition beryllium placed successful a money for victims of FTX’s collapse.

O’Rourke run said it volition clasp connected to the $100,000 pending the result of investigations against SBF implicit run concern violations.

Meanwhile, FTX had earlier called connected the SBF’s donation recipients to return the implicit funds.

The station Beto O’Rourke sets up $100,000 money from $1M SBF donation for FTX victims appeared archetypal connected CryptoSlate.

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